YEARLY HIGH
0.0870 XPF
YEARLY LOW
0.0734 XPF
YEARLY AVERAGE
0.0813 XPF

2023 IQD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0870. Conversely, the yearly low was recorded on April 29, dropping to 0.0734.

This high-to-low spread represents a total annual volatility of 0.0136 XPF. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0834, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0870 was up 2.16% compared to the 2022 peak of 0.0852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 435 XPF
2022 Average 389 XPF
Yearly Trough Low 367 XPF
Transaction Impact: A difference of 68.00 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0874
0.0738
JanuMarcMayJulySeptNove

IQD to XPF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0785, compared to 0.0842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0785
H2 Avg (Jul–Dec) 0.0842

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0110 XPF (High: 0.0852 / Low: 0.0742). On the other end, October was the most stable month, with a tight range of 0.0016 XPF (High: 0.0870 / Low: 0.0854).

May Spread (Volatile) ±0.0110
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0863) against the same month in 2022 (average: 0.0831), the exchange rate shifted by +0.0031 (+3.77%).

2023 Avg (October) 0.0863
2022 Avg (October) 0.0831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0777 0.0749 0.0758
February 0.0775 0.0742 0.0764
March 0.0776 0.0749 0.0764
April 0.0826 0.0734 0.0749
May 0.0852 0.0742 0.0832
June 0.0852 0.0829 0.0840
July 0.0840 0.0811 0.0825
August 0.0844 0.0824 0.0835
September 0.0867 0.0844 0.0853
October 0.0870 0.0854 0.0863
November 0.0861 0.0829 0.0843
December 0.0846 0.0820 0.0834